Workflow
Cal-Maine Foods(CALM) - 2023 Q3 - Earnings Call Presentation

Financial Performance & Market Position - Cal-Maine Foods is the 1 shell egg producer and distributor in the U S [6] - For Fiscal Year to Date 2023, Cal-Maine Foods' revenue reached $2 5 billion and EBITDA was $907 million [13] - In Q3 2023, revenue was $998 million and EBITDA was $444 million [34] - Cal-Maine Foods holds approximately 20% of the retail egg market share [11] and about 14% of the U S table egg layer flock [11] Production & Sales - Cal-Maine Foods sold 858 million dozens of eggs and 49 million lbs of egg products Fiscal Year to Date [13] - In Q3 2023, Cal-Maine Foods sold 291 million dozens of eggs [34] - Specialty egg sales accounted for 29% of category sales Fiscal Year to Date [12] and 27% in Q3 2023 [34] - Conventional egg sales made up 67% of category sales Fiscal Year to Date [12] and 69% in Q3 2023 [34] Cage-Free Transition & Sustainability - Approximately 37% of Cal-Maine Foods' flock is currently housed in cage-free conditions [124] - Cal-Maine Foods has committed $685 million to expand cage-free production capabilities since 2008 [86] - Cage-free egg sales accounted for 18% of total net shell egg sales in Q3 2023 [123]